Global Independent Software Vendors (ISVs) Market Overview:
Independent software vendors (ISVs) are pushing the boundaries of innovation in order to provide value to customers through their solutions. With the rise of digital disruption, businesses are putting more emphasis on process innovation in order to provide a better end-user experience. Companies in the independent software vendor (ISV) sector are investing in scalable, fail-proof, and cost-effective product architectures. For example, MSys Technologies, a firm that helps ISVs with digital transformation, is gaining traction by developing fail-proof products that can increase client loyalty. Independent software vendors (ISVs) are working on incorporating the correct mix of digital technologies to help stakeholders obtain a competitive advantage over their competitors.
As per latest study released by AMA Research, the Global Independent Software Vendors (ISVs) market is expected to see growth rate of 49.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand for Multi-cloud and Hybrid Cloud
Market Growth Drivers:
Increased Demand for Value-added Services and OEM Support for ISV Solutions
Challenges:
Fast-changing Technological Landscape
Restraints:
Concerns about Data Theft and Data Privacy across the Globe
Opportunities:
Adoption of Cloud Computing and Deployment of Secure Accounts for Clients
Competitive Landscape:
The leading organizations in the market in order to gain a competitive advantage focusing on developing new technological advancements to deliver the qualitative and best user experience to the customer. Also by partnering with other players makes new strategies to capture the market.
Some of the key players profiled in the report are Double-Take Software (United States), Google Inc. (United States), RSA Security LLC (United States), Odyssey Software (United States), Mocana (United States), Oracle Corporation (United States), ServiceNow (United States), LP (United States), Compuware Corporation (United States), HP Development Company (United States), com Inc.(United States), SAP SE (Germany) and Cisco Systems Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Apple Inc. (United States) and Microsoft Corporation (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Independent Software Vendors (ISVs) market by 2030.
Considering Market by , the sub-segment i.e. will boost the Independent Software Vendors (ISVs) market.Latest Market Insights:
In July 2019, VeriPark, a United States based ISV entered into a partnership with Microsoft Corporation to create an open source data model for building innovative banking solutions
In January 2021, New AWS ISV Partner Path Helps Expedite Your Engagement with Amazon Web Services
What Can be Explored with the Independent Software Vendors (ISVs) Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Independent Software Vendors (ISVs) Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Independent Software Vendors (ISVs)
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Independent Software Vendors (ISVs) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Independent Software Vendors (ISVs) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Independent Software Vendors (ISVs) Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.